Q1 Earnings Estimate for HAIN Issued By Zacks Research

The Hain Celestial Group, Inc. (NASDAQ:HAIN) – Investment analysts at Zacks Research issued their Q1 2029 EPS estimates for The Hain Celestial Group in a research note issued to investors on Monday, September 28th. Zacks Research analyst Team expects that the company will post earnings per share of ($0.02) for the quarter. The consensus estimate for The Hain Celestial Group’s current full-year earnings is $0.01 per share.

A number of other equities analysts have also weighed in on the stock. Jefferies Financial Group decreased their price objective on shares of The Hain Celestial Group from $1.03 to $0.81 and set a “hold” rating for the company in a report on Tuesday, July 7th. Weiss Ratings raised The Hain Celestial Group from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, September 14th. Finally, Wall Street Zen downgraded The Hain Celestial Group from a “hold” rating to a “sell” rating in a report on Saturday, September 26th. Five research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, The Hain Celestial Group presently has a consensus rating of “Reduce” and an average target price of $0.95.

The Hain Celestial Group Stock Performance

Shares of The Hain Celestial Group stock opened at $0.51 on Friday. The company has a 50-day simple moving average of $0.61 and a two-hundred day simple moving average of $0.67. The stock has a market capitalization of $46.44 million, a PE ratio of -0.15 and a beta of 0.95. The Hain Celestial Group has a 52-week low of $0.48 and a 52-week high of $1.64.

The Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings results on Monday, September 14th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02). The Hain Celestial Group had a negative net margin of 22.53% and a negative return on equity of 5.45%. The company had revenue of $263.07 million for the quarter, compared to the consensus estimate of $261.24 million.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. purchased a new position in The Hain Celestial Group during the second quarter valued at $1,624,000. Nantahala Capital Management LLC bought a new position in shares of The Hain Celestial Group during the 2nd quarter valued at approximately $4,777,828. Man Group plc purchased a new stake in The Hain Celestial Group in the 2nd quarter worth approximately $750,000. Solas Capital Management LLC purchased a new stake in The Hain Celestial Group in the 2nd quarter worth approximately $480,000. Finally, Ieq Capital LLC bought a new stake in The Hain Celestial Group during the 2nd quarter worth approximately $179,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc is a consumer packaged goods company focused on better-for-you products, including organic, natural, plant-based and specialty foods, as well as personal-care items. Its products are sold through grocery stores, mass retailers, natural-food retailers, e-commerce channels and other outlets.

The company’s portfolio has included brands such as Earth’s Best, Terra, Garden of Eatin’, Celestial Seasonings, Alba Botanica, Avalon Organics and JASON. Its offerings span snacks, cereals, baby and toddler foods, teas, personal-care products and other grocery categories.